Its just a good description and collection of available data about the Orange Basin from professionals, and AOI paid for this report.
At the end of the day and currently we do not know much about possible reservoir(s) of the Saturne prospect. We can only hope that geological analogies from Venus, Graff also work for the Saturne prospect.
From the other article https://africaoilgasreport.com/2024/09/ you can see, I guess that the majors like Shell and Total see some risks as well, being afraid to lose billions of $ for uneconomical developments of their discoveries because for example they have overseen a red flag like a too high shale content somewhere hidden in a heterogen reservoir. But on the other hand this by the equipment limited 14.000 bbl/d well test from Galp in the Mopane exploration well is a very positive hint. I hope and guess that this was a sustaining production rate without observed decline (my assumption because it seems to be a very big stratigraphic sturcture).
Obviously Shell has doubts that their block is the sweetest block in the Orange Basin and Total sees some risks with the deep water depts in their block. Hopefully Saturn is a bigger and sweeter and better block.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)